Financial Reporting Software

Businesses today are most likely to succeed if they can make faster and more informed decisions than their competitors. For this, they need quick, easy and accurate insights from their financial data.

AccountsIQ’s Cloud-based accounting software provides advanced accounting and reporting for forward-thinking businesses – at any time, from anywhere and from any device.

Advanced Analytics

Each transaction is given a unique general ledger code. These analysis codes allow you to group data by item. On top, you can cross reference your data in up to six different analysis groups which allows you to report on these items by location, cost centre, department or by whatever view is important to you.

Your analysis codes and analysis groups can be labelled using your own unique naming convention.

Your financial data can then be used to produce Key Performance Indicators (KPIs). You can also benchmark KPIs across a multi-unit business as the data can be easily consolidated to give you one clear view across the group.

Consolidated Reports

Known for its unique approach to consolidation, AccountsIQ makes time-consuming and complicated group consolidation and multi company accounting fast and easy. It eliminates costly and error-prone practices and you can consolidate data as many times as you need to obtain the latest results across the business.

It accommodates complex ownership structures and groups within groups. Overseas units can operate in their local currency and then consolidate to the base currency at rates relevant to each reporting period.

Group decision-making is improved by having real-time visibility of holding companies and subsidiaries’ performance with both standard general ledger reports (Group Trial Balance, Profit & Loss and Balance Sheet) as well as sales and purchase and cashflow analysis.

Custom Dashboards

Dashboard reports can be created in just a few clicks. A ‘drag and drop’ feature allows you to choose which segments of the data you need to visualise and how you would like to present it. A clean and organised user interface provides a clear view of actuals versus a range of comparisons such as budget or previous periods.

Excel Add-In and Power BI

AccountsIQ comes with over 250 pre-built reports. However, for Financial Directors who want to utilise the power of Excel, our Excel Add-In integration allows users to create reports by manipulating real-time financial data.

Power BI is also connected to AccountsIQ, which means that any data that sits in AccountsIQ can be analysed and reported upon and displayed in Power BI. Users can adapt layouts to their own reporting needs and graphically represent any analysis they want to do in AccountsIQ, in real time in Power BI.

Designed for the cloud, AccountsIQ is unique in providing Accounting, Consolidation and Business Intelligence in one powerful solution.